Burberry Group plc (OTCMKTS:BURBY – Get Rating) – Research analysts at Telsey Advisory Group issued their FY2024 EPS estimates for shares of Burberry Group in a research note issued on Wednesday, May 18th. Telsey Advisory Group analyst D. Telsey expects that the company will post earnings per share of $1.55 for the year.
A number of other analysts have also recently weighed in on the company. UBS Group cut their price target on Burberry Group from GBX 1,882 ($23.20) to GBX 1,836 ($22.63) in a research note on Monday, April 4th. Deutsche Bank Aktiengesellschaft lifted their target price on Burberry Group from GBX 2,250 ($27.74) to GBX 2,280 ($28.11) in a research report on Wednesday, January 26th. Zacks Investment Research cut Burberry Group from a “hold” rating to a “sell” rating in a research report on Thursday, April 7th. Morgan Stanley cut their target price on Burberry Group from GBX 2,000 ($24.65) to GBX 1,850 ($22.81) in a research report on Tuesday, April 12th. Finally, Kepler Capital Markets upgraded Burberry Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from GBX 2,100 ($25.89) to GBX 2,280 ($28.11) in a research report on Thursday, January 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,383.86.
About Burberry Group (Get Rating)
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It offers women, men, and children apparels, as well as accessories. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks.
- Get a free copy of the StockNews.com research report on Burberry Group (BURBY)
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